Former Kenyan President Mwai Kibaki’s commemorative Ksh40 coin, identified as KM33 2003, has found its way into the online marketplace, with sellers fetching prices as high as Ksh3,000 ($20). Unveiled by anonymous individuals who exclusively operate on e-commerce platforms like Ebay, this Kenyan Shilling coin has stirred up interest among collectors.
On Ebay, the lowest asking price for the engraved Ksh40 coin featuring the likeness of former President Mwai Kibaki is approximately Ksh1,500 ($10).
Prospective buyers perusing these listings should note that the product descriptions come with a disclaimer: “Randomly picked coins. Years and conditions may vary from good to excellent. The coin will be different from the picture.” This allows for some variety and mystery in each purchase.
Interested collectors will find a range of convenient online payment options available, including Paypal, Visa credit card, G-Pay, Master Card, and Discover, making it easier than ever to acquire this piece of Kenyan history.
The coin itself is a bimetallic marvel, with a copper-nickel center encircled by a brass ring. One side showcases a portrait of the distinguished Retired President Kibaki, while the reverse side proudly displays the Kenyan coat of arms and the coin’s denomination.
This special Ksh40 coin was issued by the Central Bank of Kenya in 2003 to mark the 40th anniversary of Kenya’s independence, making it a coveted item for numismatic enthusiasts.
With various grades available, ranging from good to very fine, on Ebay, this coin has established itself as a popular choice among collectors. Its future potential for increased value is drawing attention from both novice and seasoned numismatists.
Ebay advises sellers to provide clear and close-up photos of the coins they list. This not only helps potential buyers assess the coin’s condition but also aids them in deciding whether to place a bid. However, it’s essential to keep in mind that the images provided are for promotional purposes only.
Ebay cautions that the coin may exhibit signs of wear, such as scratches, dirt, or oxidation-related damage, so buyers should be prepared for some variability in the condition of the coins they purchase.
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